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Reports And Guides

1Q - 2012 Manhattan Sales

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Report Summary

Manhattan continues to show stability and still remains one of the standout housing markets in the US. While there has been a lot of positive attention focused on the luxury market as of late, low mortgage rates have driven studio and 1-bedroom sales activity to their highest levels in more than two years. Sales slipped slightly from prior year quarter, but listing inventory continued to remain tight. Despite the slow pace of economic improvement in our region, we anticipate an active spring housing market.

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